HomeMy WebLinkAboutCRA-R-15-0051 Financial FormAGENDA ITEM
FINANCIAL INFORMATION FORM
CITY OF MIAMI
COMMUNITY REDEVELOPMENT AGENCY
SEOPW CRA
CRA Board Meeting Date: November 16, 2015
CRA Section: Finance
Brief description of CRA Agenda Item:
Authorizing the execution of a professional services agreement with
Design2Form, in an amount not to exceed $120,000, to provide architectural
services for proposed affordable housing units to be located at 224 NW 16th
Street and 1900 NW 2" d -Court..
Project Number (if applicable):
ff YES, there
Account Code:
are sufficient funds in Line Item:
10050.920101.5310000.0000.00000 (SEOPW) Amount: $120,000.00
❑ NO
Amount
Balance
Amount
Sufficient funds
(Complete the following source of funds information):
budgeted in the line item: $
in the line item: $
needed in the line item: $
will be transferred from the following line items:
ACTION
ACCOUNT NUMBER
TOTAL
Project No./Index/Minor Object
From
$
To
$
From
$
To
$
Comments: _Funds derived from proceeds of sale of block 56 in the amount of
$1,625,000. Remaining balance in the amount of $115,000 has been allocated for this
purpose. ($1,625,000 - $400,000 (Architectural Services - $900,000 (policing services) -
$65,000 (Black Police Precinct) - $15,000 (2015 holiday tree lighting event) - $20,000
(Miami Shelter Program -Additional Funds) - $25,000 (streetlight maintenance
agreement- $85,000 (Ultrina Harris) equals $115,000. The additional remaining balance
in the amount of $5,000 •'erived from 2014 budget reserve.
Approveby
irectorlDes i nee
APPROVAL
Date: